After being stuck in a range since the opening this week price has finally broken out. I see 2 possibilities to count the sideways price action now, a WXY where the Y is a triangle or an expanded wave B, which is just an alternative.
I was born on July 20th 1983. I have been trading since 2007 and using Elliott Wave analysis since 2008. I also use trendlines, fibonaci, candlesticks and various indicators to determine a future direction of price.
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